Traders encouraged by Ethereum’s impeccable growth in the decentralized finance (DeFi) sector have pushed its native token Ether to its five-month high.The Ether-to-dollar exchange rate cemented a new yearly peak of $222.63 after surging by 4.55 percent on Friday. The move uphill extended the pair’s year-to-date gains to 71 percent, making Ethereum one of the…
Ethereum price gained more than 10% and broke the key $200 resistance against the US Dollar. ETH even surpassed $220 today and it is likely to continue higher.Ethereum is trading in a strong uptrend above the $200 and $208 levels against the US Dollar.The price is showing a lot of positive and it seems like…
Ethereum (ETH) incurred a significant amount of momentum yesterday that allowed it to fly past the $200 level, with this momentum extending significantly as the crypto continues climbing higher today.This “bullish wave” may not slow down anytime soon, as ETH is still trading relatively far below its next key resistance level.If this ongoing rally extends…
Ethereum price rallied recently and surpassed the $200 barrier against the US Dollar. ETH is now trading nicely above $200, with many signs of more upsides.Ethereum climbed higher and settled above the main $200 barrier against the US Dollar.The price traded as high as $208 and it is currently correcting lower.There is a major bullish…
Ethereum price is holding a couple of key supports above $185 against the US Dollar. ETH is likely to surge above $190 and continue higher in the near term.Ethereum is trading nicely above the $185 support area against the US Dollar.The price is likely to climb above the $190 barrier to start a fresh increase.There…
Ever since the clock first struck midnight turning into the new year, altcoins like XRP, Ethereum, Litecoin, and many others have been tearing up the price charts and going on massive price rallies.But those rallies have now triggered a sequence of candlesticks that according to a world-renowned market analyst typically result in a reversal and…
Ethereum price is trading in a positive zone above the $185 support against the US Dollar. ETH remains well bid and it is likely to bounce back from the 100 hourly SMA.Ethereum is currently correcting lower from the $195 yearly high against the US Dollar.The price is now approaching a couple of important supports near…
Ethereum’s 2020 uptrend allowed ETH to forge a firmly bullish market structure that many analysts had expected to catalyze a massive parabolic rally. This bullish possibility is now at risk of being invalidated, however, as the crypto was rejected overnight at a key level.At the moment, ETH is firmly tracking Bitcoin and the aggregated crypto…
It’s all systems go for Ethereum as technical analysis shows a possible breakout is on the horizon.The end of January saw a rejection at $185. But since then, Ethereum has tentatively broken through. Today it’s up just under 1%, sitting at around $188.Ethereum daily showing 50-day & 100-day MA. (Source: tradingview.com)Ethereum Is Showing Bullish SignsTechnical…
Ethereum price is trading with a positive bias above the $180 and $185 levels against the US Dollar. ETH is likely to continue higher towards $200 or $220 in the near term.Ethereum is trading in a bullish zone above the $180 pivot area against the US Dollar.The price climbed higher recently and revisited the $194-$195…